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Binance is one of the world’s largest cryptocurrency exchanges, offering a platform for trading various digital assets. Founded in 2017, it supports spot, futures, and margin trading. Binance also provides services like staking, savings, and an NFT marketplace, attracting millions of users globally with its advanced tools and low fees.

A stop-loss is a trading tool used to limit potential losses. It’s an order placed with a broker to sell an asset when it reaches a specific price. Traders use stop-losses to automatically exit a losing position, helping manage risk and protect their capital in volatile markets.